FCC pauses review of T-Mobile, Sprint merger

15 September, 2018, 01:51 | Author: Patty Hardy
  • FCC pauses 180-day shot clock on its review of T-Mobile-Sprint merger

The third- and fourth-largest wireless USA service providers submitted their Public Interest Statement to the FCC in June, but the commission has now said it is pausing the informal 180-day "transaction shot clock", which is currently at day 56, following recent submissions related to a revised network engineering model.

"The clock will remain stopped until the Applicants have completed the record on which they intend to rely and a reasonable period of time has passed for staff and third-party review", the letter reads.

To review the new materials, the commission is pausing an "informal" 180-day shot clock to rule on the merger.

Today we are pausing the Commission's informal 180-day transaction shot clock in this proceeding. The deal would shrink the number of major wireless carriers in the United States from four to three.

Additionally, T-Mobile recently said it plans to submit additional economic modeling.

Got $1,100? Apple shows off its most expensive iPhone yet
The iPhone XR will be available in 64GB, 128GB and 256GB models in white, black, blue, yellow , coral and (PRODUCT) RED for $749. There are some new tools to monitor how much time you spend looking at your phone and some tweaks to how notifications display.

A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018.

The newly-provided network engineering model is significantly larger and more complex than the engineering submissions already in the record.

Consumer groups have argued that the merger could result in higher prices for wireless customers, one of the concerns the Justice Department is considering in its own review of the transaction. The Commission did not receive Build 9, and third parties did not have access to it, until September 5. Also Nasdaq.com published the news titled: "T-Mobile US, Inc.to Present at the Goldman Sachs 27th Annual Communacopia Conference in New York, NY" on September 07, 2018.

Both T-Mobile and Sprint have been takeover targets by other telecom providers in recent years, but government regulators have resisted the deals that would have reduced the "big four" wireless companies to a big three.

T-Mobile John Legere and Sprint's Marcelo Claure at the press conference announcing the merger.

Recommended:



Popular

Hurricane Florence: North Carolina family's garage submerged in water
An intense wave, as well as heavy rains, will announce on Thursday on the coast of Las Carolinas, the arrival of Florence. Forecasters said "catastrophic" freshwater flooding was expected along waterways far from the coast of North and SC .

Florence weakens to Category 2 hurricane but still life-threatening: NHC
The eye of the storm recently hit North Carolina, with the category 2 hurricane expected to make landfall imminently. That advisory came out on August 30, when Florence was developing near the Cabo Verde Islands across the Atlantic.

Trump signs executive order to sanction foreign meddlers in U.S
The forceful rhetoric stands in sharp contrast to Trump's own statements about Russia's efforts to undermine American democracy. The order, which will allow new sanctions against Russian or other foreign actors, was inked on Wednesday morning.

The Apple Watch is inching toward becoming a medical device
The prices are relatively lesser than iPhone XS and iPhone XS which are available at starting price of Rs 99,900 and Rs 1,09,900. When will it be available? Available for pre-order: Friday, September 14 with availability beginning Friday, September 21.

Manafort expected to plead guilty before new trial
Court papers indicated that he could have faced between 15 and 19 1/2 years in prison under federal guidelines. Manafort, 69, was convicted last month of bank and tax fraud after a trial in Alexandria, Virginia.

Nawaz Sharif’s wife Kulsoom laid to rest
Both Sharifs said they had broken no law and there was no proof the residences were purchased with money from corruption. The body will be taken straightway to the Heathrow airport from the Park for bringing it back through PK-758.

Amazon's Jeff Bezos to start $2 billion charitable fund
These terms of endearment are all things Trump has said about the news media, most of which came out via his Twitter account. Despite his concerns with Mr Trump, Mr Bezos said that he was not overly concerned about the future of the news media.

Jean-Claude Juncker calls for EU to become 'global player'
He also called for building reciprocal relationships between the European Union and Africa, including a free trade pact. And he'll poke worldwide locations to present up their national vetoes in some areas of global policy.

Poland anxious by European Union vote to censure Hungary
A group of United Nations human rights experts on Tuesday expressed concern [press release] regarding Hungary's new immigration measures.

United States talks Syria airstrikes with UK, France
More than half a million people have been killed and 11 million already forced to flee their homes in Syria's seven-year-old war. Fighters from a coalition of Islamist forces celebrate on after taking the al-Mastumah base in the Syrian city of Idlib.